Babylon Health Division Rescued as Part of UK Insolvency Process
- Digital health group bought by US firm eMed Healthcare
- Babylon had begun insolvency proceedings in UK court
Babylon lets patients and large corporations speak with physicians online.
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Digital health firm Babylon’s UK business has been rescued by a US provider of in-home testing kits as part of an insolvency process.
Babylon’s UK arm, which provides doctor appointments to private and National Health Service (NHS) patients, has been sold to eMed Healthcare in a move that should secure its future. More than 700,000 British patients have had access to Babylon’s platforms in the UK, which includes its NHS GP at Hand service.